Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for Weatherford International Ltd. > News item |
Deutsche Bank plans 10% six-month airbag notes linked to Weatherford
By Susanna Moon
Chicago, March 19 - Deutsche Bank AG, London Branch plans to price 10% annualized airbag yield optimization notes due September 2012 linked to Weatherford International Ltd. shares, according to an FWP filing with the Securities and Exchange Commission.
Interest will be payable monthly.
The payout at maturity will be par unless the stock finishes below the 81% to 88% conversion level, in which case the payout will be a number of Weatherford shares equal to $1,000 divided by the conversion price. The exact conversion price will be set at pricing.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the underwriters.
The notes will price and settle in March.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.